Question : Loan Waiver of Farmers

(a) the role of the banks in loan waiver;

(b) whether some States/UTs have waived off farmer loans completely;

(c) if so, the details thereof, State/UTwise; and

(d) whether banks have been compensated by the Government or by respective States/UTs after announcement of loan waivers and if so, the details thereof?.

Answer given by the minister

The Minister of State in the Ministry of Finance


(a) to (d): The details of States/UTs, which announced schemes regarding waiver of agricultural Loans, as reported by National Bank for Agriculture and Rural Development (NABARD), are given as under:

SN Name of State Details
1 Tamil Nadu Government of Tamil Nadu, vide Government Order (GO) dated 23 May 2016, announced a loan waiver scheme for Small & Marginal Farmers.
2 Maharashtra The Maharashtra Government announced Debt waiver for farmers vide Government Resolution dated 28.06.2017.
3 Karnataka The Government of Karnataka announced loan waiver scheme vide GO dated 23 June 2017.
4 Andhra Pradesh Andhra Pradesh Government announced Waiver of Agriculture crop loan to farmers vide GO dated 02.08.2014.
5 Uttar Pradesh Uttar Pradesh Government issued scheme guidelines relating to redemption of crop loan debt of Small and Marginal Farmers vide letter dated 24 June 2017.
6 Jammu Kashmir Jammu & Kashmir Government declared Debt Waiver scheme vide GO dated 23-01-2017.
7 Telangana The Telangana Government announced Debt waiver for farmers vide GO dated 13.08.2014.
8 Punjab Punjab Government announced Debt waiver vide Notification dated 17th October 2017.
9 Chattisgarh Chattisgarh Government announced Debt relief / waiver vide Notification dated 26th December 2015.

The Banks implement the loan waiver schemes as per the operational guidelines issued by the concerned State Government.

As informed by NABARD, details of compensation received by banks from the respective State/UTs after announcement of loan waivers, are not centrally maintained.

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